Thursday, December 30, 2010

Japan September Enterprise price index continued to decline

Japan Central Bank-the Bank of Japan announced 14 speed report data show that in September of this year, Japan enterprises price to 103, declining 7.9%, continuous decline in 9 months of year-over-year decrease of slightly less than 7, and 8 two-month 8.5% of historical highest level.

Data show that in September of this year to Japan in Japanese yen, the export price index respectively 100.7 and 88.3, an decrease 31.2 13.6 percent.

In the statistics of 5 major categories of products, industrial products, agricultural and forestry products, such as electricity, gas, scrap metal into four categories of product price index up respectively 7.7%, 3.2%, 10.4% and 33.5%, compared to only mineral prices weizhang 0.2%.

In the industrial products including for 18 products, 14 products prices are declining year-on-year. Among them, drop larger product is petroleum and coal products, nonferrous metals, steel and chemical products, an increase of 38%, respectively, declined 20.2%, 18.9% and 12.6%; the prices rise of 4 products, transport machinery, ceramics products price increase for larger, up up 3.3% respectively and 2.8%.

Data indicate that the petroleum products, non-ferrous metals, steel and chemical products prices year-over-year decline remains a cause for the September Japan enterprises price index continued to fall.

Enterprise price reflect the inter-firm trading commodity price levels, it is with the CPI is a measure of the level of important indicators of inflation.

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